Agenda - Council - 06/28/2016 - Laserfiche WebLink

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M1 A region with truly viable housing choice is one that allows households to secure housing affordable to them, in communities where they would like to live, while also: * Matching their family size, whether growing, maintaining, or decreasing in size. * Reflecting their household lifestyle, no matter where in the life cycle their household members are. p Providing a high level of access to quality employment and educational opportunities without having to travel great distances. * Offering reasonable proximity to essential services, amenities, and retail. * Including features that make life easier, particularly for individuals requiring special care. * Fostering a sense of inclusiveness and welcome for households of various types and Making such options 8reality, particularly where private market activity may prove sparse G1 best, will take a careful calibration of public and private activities that can: * Bring new jobs, people, development, and economic vitality into areas where historical or contemporary disinvestment has occurred oriaoccurring. * Expand the range of market -rate and affordable housing options —across the full region and including its central communities— including mixed -income developments. * Maximize linkages between housing needs of all types and available opportunities. * Create incentives for equitable development. Creating options means balancing competing prioritiesand needs. For example, while changing demographics suggest a need for more smaller units, many low- or moderate - income households seek larger housing units that can accommodate a large or nnu|tigenerationa|fanni|y. Council role • Provide technical assistance to communities to establish, encourage, expand, and preserve affordable housing options; and expand local knowledge 0fand access t0 funding assistance for housing, whether public, private, or philanthropic (see more in P8rtU0. • Strategically invest Council resources to assist communities to increase the variety of housing types and costs, attract and retain residents, create and preserve mixed -income neighborhoods, appropriately mix land uses, and leverage private investment. • Expand viable housing options by investing in and encouraging additional affordable housing in higher -income areas of the region, particularly in areas that are well connected tojobs and opportunity. p Work with housing partners and |008| governments to expand the supply Of, and encourage increased resources for, affordable housing atthe federal, state, regional, and local levels. The goal iSt0help close the gap between the [Hgi0n'Saffordable housing need and the supply, especially in areas underserved by affordable housing, and to house extremely -low-income households earning less than 30% of the area median income. "TWo:omwrmmes